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Mexican lawmakers introducing bill that could hurt American corn farmers

Posted at 5:15 PM, Feb 15, 2017
and last updated 2017-02-15 20:30:20-05

Mexico is getting ready to take a stand against President Donald Trump's threats... using corn. 

Mexico is one of the top buyers of the product from the United States. 

Mexican senator Armando Rios Piter told CNN he plans to introduce a bill this week that could potentially affect the U.S. corn industry and farmers. 

Rios Piter says the bill will stop Mexico from buying corn from the United States, and instead turn to Brazil and Argentina for corn.

Arizona Grain President Eric Wilkey says if a bill like this were to pass, corn going to Mexico would have to go somewhere else and corn prices would have to be adjusted. 

"You would see the United States corn price initially probably drop okay so that would be detrimental to Arizona corn producer, he would see his prices go down. On the other side a user of corn such as a feed yard or dairy would see the benefit if the price goes down," Wilkey said. 

Arizona harvested nearly 11 million bushels of corn last year, according to the U.S. Department of Agriculture. 

Nearly 30.2 billion pounds of corn were exported to Mexico, according to the U.S. Census Bureau last year. 

Wilkey says this introduced bill hurt U.S. producers and Mexican consumers.